I’m amused to see we’ve now reached the “interracial marriage is bad” part of the transition of the illiberal left into 1950s conservatives.
– Marcus Walker responding to this.
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Those are some of the words to the 1923 hit song “Yes, We Have No Bananas” by Frank Silver and Irving Cohn. The song is mostly associated with World War II, but according to Wikipedia it had found its way into the history books before that:
For nine decades “the depression” meant the one that started in 1929. But the coronavirus looks likely to bring in its wake an economic depression that may well take the definite article for itself. Naomi O’Leary of the Irish Times reports,
I do not seek to play down their achievement in reaching a compromise at all. Every finance minister on Earth must be passing sleepless nights wondering how best to deal with our current predicament. But the dilemma faced by the Eurozone countries is particularly acute. Italy and Spain will never forgive the EU if they receive no help in their hour of need. But the northern countries were assured that EU membership would never mean writing blank cheques to what they see as the spendthrifts to the south (and a few other directions besides). The Dutch, the Germans, the Finns and the Austrians must hope that when they say, “yes, we have no Eurobonds” the happy momentum of the first three words will carry them over the next two. April 9th, 2020 | One comment
 “The signature of authoritarianism is not the use of force, but the pathological dependence on deception, often to the extent of becoming self-delusional.” April 8th, 2020 | 23 comments
“Viktor Orban ruins his rivals with power grab”, the Times reports.
Emphasis added. From what little I know of Hungarian politics, the Jobbik and Fidesz parties seem to have swapped bodies. I hold no brief for either. But I can sympathise with the plight of anybody – or any body – that suddenly has their financial support kicked away. Unfortunately that is what happens when the state pays your bills: what the state gives, the state can take away. Hence the “self ownership” tag on this post. As I wrote the above, I remembered having written something very similar before. That post was about the last of the Kalahari Bushmen. The plight of the last opposition parties of Hungary is not quite as desperate as theirs, but give it time. April 7th, 2020 | 10 comments
So few people have any understanding of the importance liquidity plays in markets (which is why ‘speculator’ is a dirty word to the ill-educated twats who don’t grasp the essential role speculators play). – Perry de Havilland April 7th, 2020 | 37 comments
“But if this really is the moral equivalent of war then history teaches us that wars can be won on the battlefield but lost on the home front, and just as nations have been defeated because they ran out of food or a revolution broke out, so the Government’s strategy could collapse because the millions of civilians stuck indoors lose patience.” April 6th, 2020 | 76 comments
Did you know that Boris doesn’t know who won the battle of Stalingrad? If you did not know this, please continue not to know it, because it is not in fact true. Should you encounter a reader of The Economist, however (one of life’s occasional joys of which I am now deprived by the lockdown), you may be told that Boris’ biography of Sir Winston Churchill reveals this and other remarkable lacunae in our current PM’s historical knowledge – told in a tone of great certainty and with the firmest assurance that any milder speculations you offer (for what Boris might have said to appear to mean such things) are not possible, so established are the facts. I have never once in my entire life given money to The Economist in exchange for the doubtful privilege of reading it (and see very much less than no reason whatever to begin now), so I encounter copies but rarely in airplane lounges and on other people’s coffee tables. I therefore cannot tell you whether Economist readers believe this because an Economist writer once told them that or implied it, or merely because reading The Economist renders one credulous of such urban legends (insofar as the habit of reading The Economist does not reveal that one already is). So astonished was I to be assured of this claim (by the undoubtedly educated and well-read) as a matter both unsurprising and beyond all doubt, that I have now once in my entire life given money to Boris (not to some cause he also espouses) in exchange for a copy of his Churchill biography – something I deduce Economist-readers are more loath to do even than I am to buy their rag. It struck me as a more primary source for verification than tracking down whatever years-old copy of The Economist had reviewed it or made a passing reference to it, or tracing the origin of its readers’ urban legends about it. I was not surprised to learn that Boris knows what the gardener, the hairdresser and even the teenager all know – that Stalingrad did not end well for Adolf. I was not surprised to find I was correct in my pre-purchase guess that some throwaway one-liner about how far Adolf got despite Churchill (to suggest how dangerously further he might have got without Churchill) would be the sole basis for the bizarre claim that Boris didn’t. But after reading right through the book I am very surprised to discover just how vicious and/or deranged a reviewer would have to be to pretend and/or imagine that the text even remotely suggests such a thing (and likewise for the other claims). That, however, is secondary. In her study of anti-semitism, Hannah Arendt explains that establishing the history of how ‘The Protocols of the Elders of Zion’ was forged is secondary. The historian’s primary subject is that the forgery is being believed. That someone – maybe originally some writer for The Economist but maybe, for all I know, originally just some reader of it holding forth to other readers in an upscale SW1 pub – claimed that Boris did not know a historical fact so famous that even an update of ‘1066 and all that’ might call it ‘memorable’, is secondary. The greater strangeness is that this claim is being believed – not by Jeremy two-Es Corbyn and his Momentum followers but by at least a few highly educated people who, in the late 1980s, were voting for Thatcher’s and Reagan’s economic policies even as they virtue-signalled disdain for their populism. What goes on in otherwise-intelligent minds to let a person move from that to this? How can their sense of reality be so deficient that they can be told Boris does not even know who won Stalingrad and still hear no alarm bell, no, “Maybe I should just check whether even Boris could really not know even that”? The Economist was founded in 1843, not so long before Mill explained that democracy works best when:
By this definition, The Economist has always been just what it claims to be: ultra-liberal. It is said that a senior editor once gave a junior colleague terse advice on how to write their first Economist leader article:
The Economist has sometimes changed its mind in fact – it was rather late to abandon its Keynsianism for monetarism in the 1980s but it did. What never changes is the unapologetic arrogant smugness of a pretence that one suspects senior editors do not always recall is pretence. The Economist’s latest editor, a woman named Beddoes, is a Keynsian who thought Obama was wonderful. She belongs irredeemably to those whom Dominic Cummings described as:
Brexit winning, Trump as president, Boris as PM – how shocking that the omniscience of pretend-God be challenged by such unforeseen events. Late last year, I was aware from my acquaintance how much Economist-readers loved Fintan O’Toole’s ‘explanation’ that Brexit arose from the idiocy of backward-looking British voters (Fintan O’Toole: ‘Heroic Failure: Brexit and the Politics of Pain’, published November 2019). Fintan laughed when Brexit-supporting reviewers warned him to worry instead about a real ugliness in his own Southern Irish electorate – until he was again shocked by an Éire election result that was (regrettably but foreseeably) never such a low-probability event as he and EU-negotiation-supporting taoiseach Varadkar imagined. (Corbyn’s success in 2017 is one on-balance-hopeful analogy to draw; there are others.) It is said of communists that they think their party is God – a God sadly lacking the attributes of forgiveness and absolution. People who have the sense to know communism is stupid can still be very wilfully deluded about how much they themselves understand and how unshocking it should be to be proved not merely wrong but clueless. So what is the UK equivalent of ‘NeverTrumper’? We all know what ‘Guardian-reader’ means. Is it time to be aware what ‘Economist-reader’ can mean? April 5th, 2020 | 14 comments
I stopped reading after the first sentence: “I grew up Asian American in North Dakota, South Dakota and Idaho, some of the whitest states in this country.” My heuristic is that anyone using race as their frame of reference has got nothing to say that isn’t vile gibberish. April 5th, 2020 | 16 comments
writes an understandably surprised Swede (No lockdown please, we’re Swedish). In Sweden, the state tells people
And I can’t work out whether to call it ‘hardly less surprising’ or ‘barely more surprising’ that, at the other end of Europe, Portugal is (for now) following the same path. Instapunditer Sarah Hoyt was born and raised in Portugal but left because it lacked things like the first amendment, the second amendment and a lively SF culture. The cynic in me is happy to suggest some less-than-libertarian explanations. – Sarah Hoyt quotes the Portuguese Prime Minister explaining they avoided lockdown because the Portuguese are “more organized than other Europeans” – then adds
– Sweden has an unusually docile native population, an unusually different immigrant population and a political class that calls it bigotry for visible police actions to betray statistical differences between the two. Trying to enforce a lockdown is sure to offend many politically-correct regulations. Further, a society whose police seem already unable to control immigrant predilection for grenades and automatic weapons lacks the reserve of unused power needed to enforce a lockdown. However the same attitudes that give me those thoughts also tell me that Swedish politicians will not only not speak them, even behind closed doors, they will have a hard time thinking them – which challenges my cynical explanation. Ordering the police and media not to mention the colour of suspects they seek lest the public see trends, yet thinking that
not to go to the pub, may seem absurd to logical libertarian and logical statist alike – but freedom owes much to the fact that humans are not logical. That Portugal may be too ill-organised to enforce statist solutions is another common way in which liberty survives its enemies, but at the moment it is not that they are trying and failing – they are actually not trying. Thus we have our experimental controls – our null-hypothesis case studies. We’re doing a huge experiment to see how well locking down a nation can address a pandemic – an experiment whose costs’ ability to rise exponentially over time matches that of any disease graph. I don’t know how good or bad it will be for the Swedes and Portuguese, but it will be very good for the after-action report on this if a couple of moderately comparable nations stick with seeing what happens when you don’t lock everyone up. April 4th, 2020 | 46 comments
Like it or not, every country is pursuing a herd immunity strategy, all they are doing is trying to manage the speed at which it happens. – Perry de Havilland April 4th, 2020 | 24 comments
True to its promise to leave no strategy untried that might help alleviate the coronavirus epidemic, Her Majesty’s Government, in accordance with the advice of the Lords Spiritual, has decreed that in penance for the sins that brought this plague upon us, all persons will now strictly observe the Lenten fast. Effective immediately, all confectionery, sweetmeats, and similar indulgent and luxurious foods will therefore be removed from sale in shops upon penalty of law. In particular the pagan custom of consumption of so-called “Easter eggs”, being a false admixture to the strictures of true religion, is henceforth prohibited. It will be good for your souls. OK, in case you were worried, what I just said was not true. Neither I nor the Bishops seek to use the law to deny the British public their choccy eggs. That’s the job of your local council.
Ridiculous as it was, with the drone-assisted “lockdown shaming” of walkers in Derbyshire, I could at least see what the police thought they were trying to achieve. But I really can see no motive other than reflex puritanism for trying to prohibit the sale of “nonessential goods”, particularly as they were on the shelves anyway. What good would it do anyone to make the shopkeepers lose a packet by being forbidden to sell stock they had purchased in happier times? This isn’t World War II. Britain’s food is not coming in by convoys subject to torpedo attack. In fact, if you can afford luxury foods, should you not buy them in preference to plainer things in order to leave more staple foods available for those who cannot afford anything else? April 3rd, 2020 | 16 comments
A vaccine would be great, a vaccine from ISRAEL would be awesome! Just imagine the lunatic conspiracy theories & of course, if the crazies refuse to use a ‘Jewish’ vaccine, that just means more for the rest of us! Take it away, Charles Darwin! – Perry de Havilland  April 2nd, 2020 | 36 comments
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